Republicans on a House Energy and Commerce subcommittee accused the Biden administration of making gasoline and electricity unaffordable for many Americans. The hearing was part of a larger effort by the lawmakers to blame Democrats for high energy prices and distance themselves from the administration’s billions of dollars in clean energy spending. The debate highlighted a deep partisan divide on energy policy and a tendency to politicize energy issues in advance of the November elections. Democrats defended the administration, noting record-breaking oil and gas production under the administration and investments in the Inflation Reduction Act that are making the electric grid more resilient. However, economists warn that some of these plans could increase energy prices.
Solar Dominates US Energy Capacity Growth
The Federal Energy Regulatory Commission (FERC) has published data showing that solar accounted for over 75% of US electrical generating
